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The crypto prices today indicate that the top cryptocurrencies extended gains as Bitcoin (BTC) neared the $46,000 mark. Whilst, Ethereum sustained the $2,400 level and registered a significant upswing.
Dymension (DYM), the newly launched modular blockchain, becomes the top gainer in the crypto market for the second straight day, surging over 30% again on the second day.
The top crypto prices today witnessed a substantial increase as Bitcoin (BTC) surged past the $44,000 mark. Whilst, Ethereum sustained the $2,400 level and registered a notable upswing.
The newly launched modular blockchain token Dymension (DYM) saw a 55% spike shortly after the platform's mainnet was initiated today.
Bitcoin (CRYPTO: BTC) edged higher, but the cryptocurrency prices traded below the key $43,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $2,300 mark this morning.
DYM saw massive gains in its first day after $390 million worth of tokens were airdropped yesterday. But now questions swirl about a validator.
Crypto Price Analysis: For nearly two weeks, the cryptocurrency market remained stagnant showcasing no dominance from buyers to sellers. As a result, the leading digital assets Bitcoin and altcoins projected a sideways trendline, waiting for a suitable trigger to resume recovery.
Latest updates on the SOL, DYM, and TAO coins.
Key points of the news: Dymension's Mainnet goes live, aiming to add an additional dimension to the Interchain through modular rollups. Its Hub is focused on ensuring the economic security of the ecosystem, establishing a decentralized network of validators, and ensuring the optimal operation of the network through IBC and bridges.
Many altcoins are gaining huge momentum in recent times as the most dominant crypto, Bitcoin, continues to trade sideways. The newly launched Dymension (DYM) has surprisingly made it to the top performer's list and the popular token Pyth Netwrok (PYTH) is following suit.
Blockchain platform token Dymension DYM soars after announcing the launch of its mainnet. According to CoinMarketCap data, over the past 24 hours, the token has risen in price by more than 25% to $5.00.
As of Wednesday morning, validator “Big Brain Staking” holds over 35% of staked DYM tokens – attracting criticism from DYM holders for its large network influence.
The Dymension airdrop itself encompasses a whopping 700 million DYM tokens, which represent 7% of the total supply.
Within two hours of its debut, the Dymension (DYM) price skyrocketed by a staggering 50% following the successful mainnet launch of the platform. The launch of the Dymension platform comes along with a massive airdrop of $390 million worth of DYM tokens.
The crypto prices today were in the positive territory, but stayed near the bay, as investors are assessing a flurry of factors before putting any bets. For instance, the uncertainty over a potential timeline for the Federal Reserve to start trimming the policy rates has weighed on the crypto market sentiment.
The highly anticipated Dymension network launched its mainnet on Tuesday, accompanied by a massive airdrop of DYM tokens worth over $390 million.
“RollApps” chain Dymension launches its mainnet and sends out loads of DYM to users across Solana, Ethereum scalers, and beyond.
Major exchange listings, including Binance, could be driving the recent price jump of Dymension's token this Tuesday.
Dymension's mainnet launch has encountered significant challenges due to consensus issues among its validators.
The cryptocurrency market is sending mixed messages during US business hours on Tuesday. While major players like Bitcoin (BTC), Ethereum (ETH), XRP, and Cardano (ADA) are stuck in a holding pattern, some altcoins are facing different fates.
